Episode Details

US-Iran peace talks collapse, triggering energy crisis fears; oil prices and borrowing costs surge amid Gulf tanker standoff. Iran claims control of Strait of Hormuz, demanding tolls in rials. US and Iran exchange blame over nuclear push and demands. Oil prices projected to stay above $100/barrel through Q2. Saudi Arabia repairs pipeline after Iranian attacks. IMF spring meetings begin with grim growth, inflation forecasts. Global oil and gas flows at risk as low-level clashes continue.

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